Prime Location with Huge Upside Potential
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Whole Property/Unit 2, 81-85 Elizabeth Street, Launceston TAS 7250

By offer

OfficeSize: n/a
Located on Elizabeth Street, between two of Launceston's busiest throughfares, this offering presents investors, owner occupiers and developers with a great opportunity to purchase an asset in a thriving location.

Having been operated as 'W.P Martin' for close to two decades, this tightly held property becomes available to the market with vacant possession.

The property is primed for refurbishment lending itself to a variety of uses including trade retail, large format retail, bulky goods sales, storage, office and other mixed-use opportunities (STCA).

The property's positioning is sure to attract high volumes of traffic, located adjacent to a full line Woolworths supermarket, and in proximity to a number of renowned local and national retailers including Fantastic Furniture, Barbeques Galore, First Choice Liquor, Pet Stock, Dan Murphys, Begents, Coles and many others.

Key property highlights include:

- 220 sqm* of office and open plan area with staff amenity and reception desk
- 572 sqm* of high clearance warehouse with two electric roller doors
- Mezzanine level throughout warehouse providing ample storage
- 120 sqm* of temperature controlled high clearance storage
- 1,225 sqm* land holding
- 11* off street carparks on title
- Additional storage area to the rear of the property
- Flexible "Urban Mixed Use" zoning

For Sale - Offers Over $2,100,000 plus GST (if applicable).

Please contact Fletcher Seymour, Isabelle Firth or Rob Dixon for more information or to arrange an inspection.

*Approx

Inspections

No open inspections scheduled.

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Contact Fletcher Seymour to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Office

Other Details

Knight Frank Launceston

Maps and area information

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What's nearby

Glen Dhu Primary SchoolPrimary School
1km
Kings Meadows High SchoolHigh School
3.7km
Launceston General HospitalHospital
0.2km
Shopping CentreMajor Shopping Centre
0.7km
Elizabeth Street Post OfficePost Office
0.1km
Tafe - Fashion CentreTafe
0.3km

Property history

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Launceston suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
42 years
Population
3,110
Listing ID: 182392377. This listing has been viewed 0 times. It was first displayed on 21/03/2024 and last updated on 29/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.